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Also known as: C/O DALE STROUGH
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Freed Charitable Trust is a private corporation based in WATSEKA, IL. The foundation received its IRS ruling in 1990. The principal officer is James Forrest. It holds total assets of $171K. Annual income is reported at $4K. Total assets have decreased from $292K in 2011 to $171K in 2023. The foundation is governed by 1 officer or trustee. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Freed Charitable Trust has made 20 grants totaling $16K, with a median grant of $500. Annual giving has decreased from $10K in 2020 to $4K in 2023. Individual grants have ranged from $300 to $3K, with an average award of $777.5. The foundation has supported 17 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$2K
Largest Grant
$3K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Freed Charitable Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in IL.
Freed Charitable Trust has distributed a total of $16K across 20 grants. The median grant size is $500, with an average of $777.5. Individual grants have ranged from $300 to $3K.
Freed Charitable Trust typically selects its grantees rather than accepting unsolicited proposals. As determined by trust.
Freed Charitable Trust is headquartered in WATSEKA, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dale Strough | TRUSTEE | $2K | $0 | $2K |
Total Giving
$7K
Total Assets
$171K
Fair Market Value
$171K
Net Worth
$171K
Grants Paid
$4K
Contributions
N/A
Net Investment Income
$2K
Distribution Amount
$9K
Total Grants
20
Total Giving
$16K
Average Grant
$777.5
Median Grant
$500
Unique Recipients
17
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The GarageFUND ACTIVITIES FOR YOUTH | Gilman, IL | $500 | 2023 |
| Options For Independent LivingASSIST WITH SAFETY DEVICES | Watseka, IL | $550 | 2023 |
| St John'S Lutheran ChurchVACATION BIBLE SCHOOL | Danforth, IL | $500 | 2023 |
| Sugar Creek OperaSUPPORT OPERA | Watseka, IL | $500 | 2023 |
| The HubASSIST YOUTH | Watseka, IL | $500 | 2023 |
| Watseka Union DepotUTILITIES/REPAIRS | Watseka, IL | $500 | 2023 |
| Prairie Dell ChurchASSIST WITH NEEDS | Donovan, IL | $300 | 2023 |
| Country Theater WorkshopASSIST WITH THEATER PRODUCATION | Cissna Park, IL | $300 | 2023 |
| Onarga Historical SocietyASSIST WITH PROGRAMS | Onarga, IL | $300 | 2023 |
| Food From The HeartCHRISTIMAS FOOD BASKETS | Watseka, IL | $300 | 2023 |
| Crossroads Youth CenterFUND YOUTH ACTIVITIES | Milford, IL | $300 | 2022 |
| Watseka High School UnitSCHOLARSHIP FUND | Watseka, IL | $3K | 2020 |
| Iroquois West UnitSCHOLARSHIP FUND | Gilman, IL | $3K | 2020 |
| Watseka Show Choir BoostersFOR ANNUAL SHOW CHOIR INVITATIONAL | Watseka, IL | $3K | 2020 |
| Iroquois West Elem Music DeptTO PURCHASE EQUIPMENT | Danforth, IL | $600 | 2020 |
| Options Center For Independent LivTO PURCHASE DEVICES AND EQUIPMENT | Watseka, IL | $500 | 2020 |
| The Arc Of Iroquois CountyCOMMUNITY SERVICE FOR PEOPLE WITH DISABILITIES | Watseka, IL | $500 | 2020 |